Ok, I had another Journal that I was using before, but since my goals and strategies have changed, I've decided to start a new thread.
Let me first start off by saying and warning that some of this may *look like* investing and I hope that members here won't immediately discount it because it's not "pure" trading. Instead, this will be "active" portfolio management.
...I have a number of goals here...I want to first evolve my own strategies to outline and keep track of my own portfolio techniques.
I also want to hopefully demonstrate that active portfolio management can be highly effective and give superior returns.
These strategies will evolve throughout the time of this thread. I will initially be using fundamental analysis in making decisions. I will start out with a few portfolios. I will manage each portfolio specified separately. There may be some cross-over in some of the portfolios. If there is, I will hold enough of the security to hold in both portfolios separately.
I will outline key statistics on a weekly basis to gauge the effectiveness of the portfolios.
Like I said, please don't discount the strategies because they may look like "buy and hold". They really won't be that simple. Some securities may be held for long periods of time, but the overall strategies will be active management and returns that risk-adjusted outperform the market as a whole.
Will I succeed? I don't know. But my goal will to be minimize risk and evolve the best risk-adjusted returns possible.
Let me first start off by saying and warning that some of this may *look like* investing and I hope that members here won't immediately discount it because it's not "pure" trading. Instead, this will be "active" portfolio management.
...I have a number of goals here...I want to first evolve my own strategies to outline and keep track of my own portfolio techniques.
I also want to hopefully demonstrate that active portfolio management can be highly effective and give superior returns.
These strategies will evolve throughout the time of this thread. I will initially be using fundamental analysis in making decisions. I will start out with a few portfolios. I will manage each portfolio specified separately. There may be some cross-over in some of the portfolios. If there is, I will hold enough of the security to hold in both portfolios separately.
I will outline key statistics on a weekly basis to gauge the effectiveness of the portfolios.
Like I said, please don't discount the strategies because they may look like "buy and hold". They really won't be that simple. Some securities may be held for long periods of time, but the overall strategies will be active management and returns that risk-adjusted outperform the market as a whole.
Will I succeed? I don't know. But my goal will to be minimize risk and evolve the best risk-adjusted returns possible.
